Advertisements
Advertisements
Question
Tell what is the profit or loss in the following transaction. Also find profit percent or loss percent in given case.
A cupboard bought for ₹ 2,500 and sold at ₹ 3,000.
Advertisements
Solution
Cost price = ₹ 2500
Selling price = ₹ 3000
Profit = 3000 - 2500
= ₹ 500
Profit % = `"Profit"/"Cost price" xx 100`
= `500/2500 xx 100`
= 20%
So, profit = ₹ 500 and profit percentage = 20%
RELATED QUESTIONS
A man buys a car for Rs. 75000 and spends Rs.15000 on repairing it. If he sells the car now for Rs.114000, find the gain percent.
A shopkeeper purchased 1000 notebooks at Rs.240 a score. If he sells the notebooks at.15 each, find his profit or loss percent.
By selling 12 glasses for Rs.600 a shopkeeper makes a profit of 25%. Find his profit or loss percent when he sells 15 glasses for Rs.540.
Akhil sells a painting worth Rs. 50000 to B at a profit of 15%. After some time B sells it back to Akhil at a loss of 15%. Find Akhil's loss or gain per cent overall.
A manufacture makes a profit of 30% by selling a colour T.V. for Rs.15730. If the cost of manufacturing increases by 30% and the selling price is increased by 20%, find the profit percent made by the manufacture.
Rohit purchased a TV for Rs.15,000 and sold it at 20% above the cost price. If the selling price includes Rs. 1000 as tax, find his net profit and profit percent.
The cost of a flower vase is Rs. 120. If the shopkeeper sells it at a loss of 10%, find the price at which it is sold.
2 is what percentage of 50?
What percentage of 8 is 64?
A tea merchant blends two varieties of tea in the ratio of 5 : 4. The cost of first variety is ₹ 200 per kg and that of second variety is ₹ 300 per kg. If he sells the blended tea at the rate of ₹ 275 per kg, find out the percentage of her profit or loss.
